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EMPLOYEE RETIREMENT PLANS (Tables)
9 Months Ended
Sep. 30, 2018
Retirement Benefits [Abstract]  
Components of net periodic benefit cost
The components of net periodic benefit cost (income) for Employers Mutual’s pension and postretirement benefit plans is as follows:
 
 
Three months ended 
 September 30,
 
Nine months ended 
 September 30,
($ in thousands)
 
2018
 
2017
 
2018
 
2017
Pension plans:
 
 
 
 
 
 
 
 
Service cost
 
$
4,213

 
$
3,783

 
$
12,639

 
$
11,351

Interest cost
 
2,681

 
2,798

 
8,044

 
8,393

Expected return on plan assets
 
(6,013
)
 
(5,192
)
 
(18,039
)
 
(15,574
)
Amortization of net actuarial loss
 
135

 
911

 
403

 
2,732

Amortization of prior service cost
 

 
5

 

 
15

Net periodic pension benefit cost
 
$
1,016

 
$
2,305

 
$
3,047

 
$
6,917

 
 
 
 
 
 
 
 
 
Postretirement benefit plans:
 
 
 
 
 
 
 
 
Service cost
 
$
369

 
$
341

 
$
1,105

 
$
1,022

Interest cost
 
521

 
570

 
1,563

 
1,710

Expected return on plan assets
 
(1,204
)
 
(1,077
)
 
(3,611
)
 
(3,233
)
Amortization of net actuarial loss
 
234

 
342

 
701

 
1,028

Amortization of prior service credit
 
(2,783
)
 
(2,788
)
 
(8,347
)
 
(8,365
)
Net periodic postretirement benefit income
 
$
(2,863
)
 
$
(2,612
)
 
$
(8,589
)
 
$
(7,838
)